May 2, 2017 / 6:25 AM / 3 months ago

BRIEF-HICL infrastructure to acquire 36.6% equity interest in various entities

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May 2 (Reuters) - Hicl Infrastructure Company Ltd:

* Has reached agreement to acquire a 36.6% equity interest in various entities that comprise affinity water group

* HICL's share of consideration for acquisition amounts to approximately gbp269 million

* Investment will be funded using hicl's cash resources and drawings from its revolving credit facility

* HICL will have a net funding requirement of around £230m following completion of acquisition Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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